Disclosure Information

Promotions and interest rates subject to change without notice. Refinances of existing PenFed loans and investment properties ineligible for promotions.

1Available when using our preferred title providers. For New York or Texas properties, borrowers are required to pay title insurance premiums and may use any title company to obtain the closing cost credit. Should this loan be paid off within 36 months, the member must repay PenFed a prorated amount of the total closing costs paid by PenFed except those paid to PenFed affiliated title companies. PenFed will pay your closing costs up to $10,000 including but not limited to: appraisal fee, tax service fee, CLO access fee, title fees, transfer tax fees, credit report fee, flood certification fee, recording fee, survey if required and work verification fee. This does not include: origination fee, escrow, interest, homeowner’s insurance or owner’s title insurance, the cost for a structural engineering or similar report, should the appraiser request one, or points to buy a rate down or applied to a loan. See contract addendum for details.

2Purchase only with a least 15% down - 20% down above $625,500. MI required when LTV exceeds 80%. The application of points will be determined by the loan-to-value (LTV) ratio combined with certain representative credit scores. Points are the responsibility of the borrower and not covered in promotions. Points also apply to certain cash out refinance transactions, certain condominium transactions and some subordinate financing transactions.

You are not required to use the services of any PenFed affiliate however discounts and credits may not apply.

PenFed Realty, LLC is an independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.®

Affiliated Business Arrangement Disclosure

This is to give you notice that PenFed has a business relationship with PenFed Realty, LLC. PenFed Realty, LLC is wholly owned by PenFed and this referral may provide PenFed a financial or other benefit.

Set forth below is the estimated charge or range of charges for the settlement services listed. You are NOT required to use the listed provider(s) as a condition for the purchase, sale, or refinance of the subject property. THERE ARE FREQUENTLY OTHER SETTLEMENT SERVICE PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATE FOR THESE SERVICES.

Provider/Settlement ServicePenFed Realty, LLC/Real Estate Commission

Charge/Range of ChargesCharges may range from 1% to 6% of the sales price plus $295.

This credit union is federally insured by the National Credit Union Administration. Rates are current as of March 2015 unless otherwise noted and are subject to change. APY = Annual Percentage Yield APR = Annual Percentage Rate

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* In states other than Florida, Michigan, and Texas, the maximum owner occupied CLTV (combined loan to value) for a PenFed Home Equity Loan is 85%, non-owner occupied is 75%. In Florida and Michigan, the maximum owner occupied CLTV is 70%. In Texas, the maximum owner occupied CLTV allowed is 80% and non-owner occupied is CLTV 75%. Additional restrictions apply in Texas, so please ask a representative for details. The maximum CLTV on condominiums in all states is 70%.